Prices,Prices,Prices

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12-9-15_zpskjyr11xa.png
 
many prices drop .40 cents in a week looks like... Remember CB and I said prices hadn't finished falling and weren't leveling off anytime soon.
 
skyhightree1":14g9qcgr said:
many prices drop .40 cents in a week looks like... Remember CB and I said prices hadn't finished falling and weren't leveling off anytime soon.

If you knew that and are so smart why did you buy calves this summer? That dang cowboy AC told me that the prices we're going up because of all the rain in the mid-west. The winter wheat is looking real good, just not for the calf producer.
 
ram":31h4687v said:
skyhightree1":31h4687v said:
many prices drop .40 cents in a week looks like... Remember CB and I said prices hadn't finished falling and weren't leveling off anytime soon.

If you knew that and are so smart why did you buy calves this summer? That dang cowboy AC told me that the prices we're going up because of all the rain in the mid-west. The winter wheat is looking real good, just not for the calf producer.

Ram I think its in this post when we were discussing prices and how they were falling.. They were already falling and folks thought they hit the bottom and cb and I both said its going to keep falling for a while. However when I bought I had no idea it was going to fall like this.
 
Hadn't seen this shade of green in a while, this close to the end of trading. Maybe they'll start the day tomorrow on an up swing.
 
I'm hoping that after the holidays the prices will rebound a bit. I went ahead and bought enough feed to last into January. Probably about the time prices jump up we will get a big snowstorm and I will not be able to get them out! :lol2:
 
Tim/South":128ysd2a said:
The latest crash in prices is due to the World Court ruling concerning COOL.
http://www.foodsafetynews.com/2015/12/w ... mop8kvhHLQ

Once all this is ironed out, prices should pick back up a good bit.
Could somebody explain in laymens terms what that's all about?
I saw in the grocery store the other day a sign in the meat dept. that said....all meat in this case was grown and harvested in the U.S.
I figured it was a good thing.
 
Banjo":z067j4pj said:
Tim/South":z067j4pj said:
The latest crash in prices is due to the World Court ruling concerning COOL.
Could somebody explain in laymens terms what that's all about?

I am not cool, and I try to avoid going to court, but I think the headline here is that it is not nice to set up barriers to trade.

That's a problem if you are a (high cost) US commodity producer.
 
JC_LS172
Jefferson City, MO Thu Dec 17, 2015 MO Dept of Ag/USDA Market News

Farmington - Farmington Livestock Auction
Feeder Cattle and Slaughter Auction for 12/16/2015

Receipts: 594 Week Ago: 1638 Year ago: 650

Compared to last week, 300 lbs offering and 500 lbs steers sold 3.00-5.00
lower, the rest of the offering sold 1.00-10.00 higher. Slaughter cows
sold 1.00 lower and bulls sold steady; Demand uneven and supply light. Cows
made up approximately 15 percent of the run, 85 percent feeders. Steers made
up approximately 39 percent of the offering, 44 percent heifers with 17
percent feeder bulls. Offerings over 600 lbs totaled around 26 percent.

Feeder Steers: Medium and Large 1 few 250-300 lbs 200.00-212.50; 300-400
lbs 171.00-187.50; 400-500 lbs 165.00-188.00; 500-600 lbs 150.00-170.00; 600-
700 lbs 127.50-156.00; 700-800 lbs 130.00-163.50; few 850-900 lbs 120.00-
122.50. Medium and Large 1-2 few 350-400 lbs 147.00-170.00; few 400-500
lbs 135.00-156.00; few 500-600 lbs 124.50-140.00.

Feeder Heifers: Medium and Large 1 pkg 290 lbs 172.00; 300-400 lbs
151.00-174.00; 400-500 lbs 130.00-174.00; 500-600 lbs 125.00-145.50; 600-700
lbs 117.00-139.00; few 700-800 lbs 114.00-130.00. Medium and Large 1-2 pkg
252 lbs 150.00; few 300-400 lbs 134.00-150.00; few 400-500 lbs 116.00-135.00;
few 500-600 lbs 110.00-127.50; few 600-625 lbs 110.00-127.00; pkg 770 lbs
110.00.

Feeder Bulls: Medium and Large 1 few 400-500 lbs 140.00-172.00; 500-600
lbs 129.00-162.00; 600-700 lbs 116.00-138.50; few 750-800 lbs 113.00-123.00.
Medium and Large 1-2 few 400-500 lbs 115.00-153.50; pkg 715 lbs 112.00.

Slaughter Cows: Pct Lean Avg. Dressing High Dressing Low Dressing
Breaking 75-80 few 63.00-65.50
Boning 80-85 57.50-64.00 65.50-70.00
Lean 85-90 45.00-55.00 60.50-62.50

Slaughter Bulls: Yield Grade 1-2 few 1290-1920 lbs, Bulk 85.00-88.50.
High Dressing 93.00-94.50.

Stocker Cows: Scarce:

Replacement Cows: Medium and Large 1-2 few 3-7 yrs old, 940-1435 lbs, 2nd
and 3rd stage, 1350.00-1500.00 per head.

Cow/calf pairs: Few short and solid mouth, 960-1330 lbs with 170-310 lbs
calves, 1200.00-1225.00 per pair.

Source: MO Dept of Ag-USDA Market News Service, Farmington, MO
Dennis Nagel, Market Reporter, (573) 751-5618
24 hr State Wide Market Hotline 1-573-522-9244
www.ams.usda.gov/mnreports/JC_LS172.txt

0736cst cc
 
Banjo":2pk5db79 said:
Tim/South":2pk5db79 said:
The latest crash in prices is due to the World Court ruling concerning COOL.
http://www.foodsafetynews.com/2015/12/w ... mop8kvhHLQ

Once all this is ironed out, prices should pick back up a good bit.
Could somebody explain in laymens terms what that's all about?
I saw in the grocery store the other day a sign in the meat dept. that said....all meat in this case was grown and harvested in the U.S.
I figured it was a good thing.

I would love to hear this explained in lay terms because am I wrong that tree huggers and a few cattlemen think that people should know where their beef is born and raised . Yet congressmen and US Cattle organizations are afraid that if we know where our beef is born and raised the consumer would tend to pick US raised beef if given the chance there by lowering the value of beef imported from other countries.

And Mexico and Canada are threatening to charge tarriffs basicly an extra tax on US made goods coming into their country if the US continues to list where the beef was born raised and slaughtered.

I am guessing at this can some one explain it better for me.
 
Stocker Steve":3h9062a7 said:
You are getting here first. I am calling this the calf market bottom for 2015 :cowboy:

I believe your right. I can always say I got to experience it :oops:
 
u4411clb":3pzzw4ex said:
Banjo":3pzzw4ex said:
Tim/South":3pzzw4ex said:
The latest crash in prices is due to the World Court ruling concerning COOL.
http://www.foodsafetynews.com/2015/12/w ... mop8kvhHLQ

Once all this is ironed out, prices should pick back up a good bit.
Could somebody explain in laymens terms what that's all about?
I saw in the grocery store the other day a sign in the meat dept. that said....all meat in this case was grown and harvested in the U.S.
I figured it was a good thing.

I would love to hear this explained in lay terms because am I wrong that tree huggers and a few cattlemen think that people should know where their beef is born and raised . Yet congressmen and US Cattle organizations are afraid that if we know where our beef is born and raised the consumer would tend to pick US raised beef if given the chance there by lowering the value of beef imported from other countries.

And Mexico and Canada are threatening to charge tarriffs basicly an extra tax on US made goods coming into their country if the US continues to list where the beef was born raised and slaughtered.

I am guessing at this can some one explain it better for me.
Now that the senate has repealed COOL the concerns are not as important.

The U.S. has always bought large numbers of calves from Mexico. They are light calves which are raised, fattened and processed in the U.S. under USDA inspection. The Canadian's ship mostly yearlings the the U.S. to be fattened in our feed lots and processed under USDA supervision.
As long as the calf or yearling was here long enough to ensure is was healthy and eventually processed here then is should not matter where the calf was born. COOL wanted the place of birth placed on the label. Saying it spent 5 months in Mexico was ruled to be placing a stigma on the calf.
A fair portion of U.S. stockers have relied on Mexican calves for 100 years. It has never been a problem. Same with yearlings from Canada being fed and processed here. Both groups of cattle helped maintain jobs here in the U.S. We shipped/sold the boxed beef back to those two countries. it was a win-win partnership.
COOL did not want any of the cattle to commingle. You could not buy and graze Mexican calves with calves born in the U.S. Same with feedlots. Cattle from all three North American countries has to be kept separate.
Between keeping the cattle apart and then having to keep up with which carcass came from where proved to be nearly impossible to implement. Then you had to place the correct sticker on each box of meat.
Beef from North America, grown and processed in the U.S. has always been considered USDA beef.

The rub comes with the 50% increase in boxed beef imported from Australia. We imported 2.44 billion dollars worth of beef from Australia this year alone. 70% was ground beef. Now we are backed up on ground beef and our weigh cows and slaughter bulls are not as valuable.
We need some sort of labeling. Meat grown and processed in the U.S. is more valuable to me as a consumer than beef raised and processed on another continent, which may not have the same health and inspection rules of which most of us are accustomed.
 

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